IMPORTANT INVESTOR REMINDER: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against NIO Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

LOS ANGELES--(BUSINESS WIRE)--Mar. 13, 2019--
The
Schall Law Firm, a national shareholder rights litigation firm,
announces the filing of a class action lawsuit against NIO Inc. (“NIO”
or “the Company”) (NYSE: NIO)
for violations of §§10(b) and 20(a) of the Securities Exchange Act of
1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and
Exchange Commission.

Investors who purchased the Company's shares between September 12, 2018
and March 5, 2019, inclusive (the ''Class Period''), are encouraged to
contact the firm before May 13, 2019.

We also encourage you to contact Brian Schall, or Sherin Mahdavian, of
the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA
90067, at 424-303-1964, to discuss your rights free of charge. You can
also reach us through the firm's website at www.schallfirm.com,
or by email at brian@schallfirm.com.

The class, in this case, has not yet been certified, and until
certification occurs, you are not represented by an attorney. If you
choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading
statements to the market. NIO made no effort to build a manufacturing
facility for its electric vehicles, instead relying on an obscure
manufacturer owned by the Chinese government, JAC Auto, to build its
products. The government’s reduction of subsidies for electric vehicles
negatively impacted the Company’s sales. Based on these facts, the
Company’s public statements were false and materially misleading
throughout the class period. When the market learned the truth about
NIO, investors suffered damages.